Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2006 | Daníel Pálmason | MF | ![]() | GG Grindavík | GG Grindavík |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2006 | Birkir Pálsson | DF | ![]() | Þróttur Reykjavík | Þróttur | |
| 01/2006 | Þórarinn Borgþórsson | MF | ![]() | UMF Afturelding | UMF Afturelding |

| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2006 | Daníel Pálmason | MF | ![]() | GG Grindavík | GG Grindavík |
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2006 | Birkir Pálsson | DF | ![]() | Þróttur Reykjavík | Þróttur | |
| 01/2006 | Þórarinn Borgþórsson | MF | ![]() | UMF Afturelding | UMF Afturelding |